Bharti Airtel to invest $1 billion in 4G gear from Ericsson, Nokia, Samsung

Bharti Airtel, India’s second-largest telecom company, is reportedly planning to issue orders worth around $1 billion to Ericsson, Nokia, and Samsung for 4G network equipment over the next three years, according to a report by The Economic Times.

The new contracts are intended to accelerate the transition of Airtel’s feature phone users to smartphones and enhance revenue per user, the report said.